SOUTHGATE, MILLFIELD CLOSE, KNIGHTON, LD7 1HE - £233,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SOUTHGATE is a midsized detached house of 98m², built sometime between 1976 and 1982. It was last sold for £233,000 in April 2016, which was around 7% above the average April 2016 detached price in the Powys local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

SOUTHGATE Sold Prices

Land registry data shows three sales for SOUTHGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Powys local authority area for the corresponding sale date. One of the three SOUTHGATE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 22 APR	£233,000	£218,676	7% above HPI
2012 2 JUL	£125,000	£204,873	39% below HPI
2000 18 APR	£72,000	£85,676	16% below HPI

SOUTHGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The three SOUTHGATE sales between April 2000 and April 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is SOUTHGATE?

SOUTHGATE is 98m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Knighton, based on EPC data. The below chart shows the distribution of detached houses by size in Knighton, and where SOUTHGATE lies on this distribution: 42% of detached houses are smaller than SOUTHGATE, and 58% of houses are larger. Note that EPC data is not available for all properties in Knighton.

SOUTHGATE: Plot and Title Map

SOUTHGATE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of SOUTHGATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SOUTHGATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SOUTHGATE?

SOUTHGATE is located on MILLFIELD CLOSE in KNIGHTON, in the LD7 postcode district. The below map shows the position of SOUTHGATE on MILLFIELD CLOSE.